Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from surging demand for semiconductors used in artificial intelligence processing.

U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.

For Q1 2025, TSMC expects revenue between $25 billion and $25.8 billion, ahead of analyst estimates of $24.4 billion. TSMC's Arizona fab entered high-volume production in Q4 2024 using 4nm technology, with yields comparable to its Taiwan plants. The company remains on track with its second and third Arizona fabs, Wei confirms.

Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing. The world's largest contract chipmaker,

TSMC's (TW: 2330) (NYSE: TSM) net income surged 57% to T$374.68 billion ($11.60 billion) in the three months to Dec 31, the company said in a statement. The figure was higher than Bloomberg estimates of T$369.84 billion.

Regarding investment in the future, TSMC sees 2025 sees a big ramp-up in capital spending because it plans to invest $38 billion or $42 billion that's a lot, that being much more than the $29.8 billion spent last year.

World's largest contract chipmaker, whose customers include Apple and Nvidia, posted a net profit of T$374.68 billion ($11.4 billion) for the quarter ended Dec 31

Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in artificial intelligence processing.

Taiwan Semiconductor Manufacturing Company beat revenue and profit expectations in the fourth quarter on continued strong demand for AI chips.

TSMC, the Taiwanese company and world’s largest chipmaker, reported a net profit of $11.37 billion for the fourth quarter, representing a 57 percent year-on-year increase and the highest quarterly profit in the company’s history,

Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it benefits from booming demand for AI technology. Net revenue for the fourth quarter rose 38.